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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (19205)9/30/2004 11:57:12 AM
From: russwinter  Read Replies (2) | Respond to of 110194
 
<Roach seems inconsistent to me.>

To me he couldn't be MORE clear. Where did he say increases threaten the economy? He says it reshuffles it, helps deal with the maladjustments. It's the same circular argument we have here about maladjustments and imbalances, so either you understand that concept or don't, or choose to ignore it. Low rates now aggrevate imbalances and make the economy worse.